Sunday, March 8, 2009

EQUR - Equus Resources, Inc - Place On Watch List

Equus Resources, Inc encountered some impressive price action on Friday. The stock soared from triple zeros to the high half penny range. As always unusual price action usually precedes MORE unusual price action. So much like the big boards follow the momentum.

EQUR could surpass the .01 mark on Monday en route to a $.02 target here by the penny stock gurus. Trade this one on nothing other than price appreciation and volume. If it lacks these two characteristics than check back here on Tuesday for the next stock to watch.

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